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flag Swiss banking giant UBS completes acquisition of Credit Suisse, ending lender's existence.

flag Swiss banking giant UBS has completed its acquisition of Credit Suisse, officially ending the struggling lender's existence. flag Following a rescue deal in March 2021, UBS is pursuing an aggressive cost-saving drive, aiming to save $13bn by 2026. flag The merger facilitates client migration onto UBS platforms, with former Credit Suisse clients now transitioned into UBS customers.

11 months ago
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